MIXED USE DEVELOPMENT OPPORTUNITY

Transcription

1 BROCK R BEECHLAWN R MARSHCOURT R HIHW 0 MIXE USE EVELOPMENT OPPORTUNITY 86 NOTION ROA PICKERIN ONTARIO

2 THE OFFERIN CBRE Limited ( CBRE ) is pleased to offer for sale the opportunity to purchase nearly 9 acres of mixed use development land located on 86 Notion Road, Pickering (the Property or Site ). The Site is optimally located in terms of both location amenities as well as accessibility. Situated in proximity to owntown Pickering, the civic heart of the City, the Site features exceptional access to a wide variety of public and private sector services as well as the City s local and regional transportation hub. Pursuant to the Places to row Act, 00, owntown Pickering is designated as an Urban rowth Centre making it a strategic focal point for investment and growth. Pickering is currently subject to a owntown Intensification Program that is intended to improve the city s urban centre through redevelopment opportunities as well as mobility and public realm improvements. This program will substantially affect the demand for all future development land in the surrounding area. BROCK R HIHW 0 BEECHLAWN R PROPERTY OVERVIEW SIZE ±8.98 ACRES FRONTAE ±0.7 FEET ON NOTION ROA MARSHCOURT R EPTH ±,06.8 FEET OFFICIAL PLAN ZONIN SPECIALTY RETAILIN NOE SPECIALTY RETAILIN NOE ONE ZONE MU-SRN-

3 TRANSIT & HIHW ACCESSIBILITY LAN USE & KIN TO R A R RO ORCHA OA NR ROA CK BRO BEECHLAWN S R ION NOT EMORAPHIC PROFILE RKW A P ERIN PICK BROCK R W H 0 BEECHWO CK O R PI LAN USE MARSHC NOTIO Pursuant to the City of Pickering Official Plan, the property is located within the Specialty Retailing Node. Classified as a Mixed Use Area, lands designated as Specialty Retailing Node are intended to have the widest variety of uses and highest levels of activity in the City. Permitted uses include a wide variety of special purpose commercial uses, limited office use and community and recreational uses. In addition to wide range of retail uses, the designation also allows for limited residential development at higher densities, given the residential portion is part of an overall development scheme. OURT R N R The Specialty Retailing Node permits a minimum net residential density of 80 units per hectare and a maximum of up to 80 units per hectare, with a maximum floor space index of. The property is ideally located for both intermunicpal and interregional transit options. The Site is located within a 6-minute drive of Pickering s local transit hub, Pickering Parkway Terminal, which services numerous urham Region Transit Lines. irectly south of the Terminal is home to the Pickering O Station; with both O Bus and O Train transit options, the Site will benefit from ease of travel throughout the reater Toronto Area. Highway 0 and Highway 07 are both easily accessible. TRANSIT ROUTES 9 - Community Route - East Pickering EMORAPHIC PROFILE TORONTO, ON PICKERIN, ON 06 Estimated Population,89, 97,88 0 Projected Population,97,88 0,9 Projected Pop. Change % (06-0).% 6.% Average Household Income $0,8 $,78 Owned wellings.% 88.6% Rented wellings.6%.% SOURCE: SITEWISE, 07 ER IN HI PK W Y HW 0 HI

4 NEARBY EVELOPMENT CONCEPTUAL SITE PLANS MIXE USE CONCEPT STACKE Centre Point Towns APARTMENT Urban Town Living San Francisco by the Bay Main Street Seaton Sf Condominiums RESIENTIAL (ft ) AV. UNIT SIZE (ft ) UNITS FA CALCULATION EXCLUES UNERROUN PARKIN AREA, ELEVATOR SHAFTS, ARBAE CHUTES, EXIT STAIR SHAFTS PROJECT NAME Centre Point Towns by Marshall Homes PROUCT TYPE UNIT SIZES (SF) 97 to,97 UNIT PRICES $9,990 to $6,990 PSF $ to $9 STOREYS UNITS % SOL 6 00% Straight Townhouse,99,0 Townhouse, Apartment 7,9-6 COMMERCIAL ft ACRE Approximate Site Area 7,9 ±7.7* NEW FA, Urban Town Living by Treasure Hill 97 to,9 $89,900 to $79,900 $ to $00 6 7% Retail 0,9 - -, 6 Total FSI.6 UNIT # 6 Main Street Seaton by Averton Homes, to,8 $9,900 to $69,900 $0 to $ 7 97% STACKE TOWNHOUSE CONCEPT *oes not include stormwater management San Francisco by the Bay by Chestnut Hill evelopments Apartment 9 to,6 $07,900 to $0,900 $0 to $ % 0 UNITS Sf Condominiums by Chestnut Hill evelopments Apartment 00 to,9 $99,900 to $999,900 $00 to $6 9% 06,8 ft SOURCE: REALNET, 07 RESIENTIAL NON-RESIENTIAL EVELOPMENT CHARES Singles & Semis Apartments > Bedrooms Apartments < Bedrooms Other wellings Commercial Institutional Industrial Pickering Charges $,7.00 $6,96.00 $,.00 $0,7.00 $.87 $.87 $.87 urham Charges $6,7.00 $,6.00 $0,8.00 $,.00 $. $8.7 $0.98 Education Charges $,7 $,7 $,7 $,7 N/A N/A N/A SOURCE: REALNET,

5 CONFIENTIALITY AREEMENT Potential purchasers that require access to the ocument Centre must complete a Confidentiality Agreement and return it to LSTA@CBRE.COM OCUMENT CENTRE Survey Topographic Survey eotechnical Reports Letter - Conservation Authority Archaeological Report Environmental Reports TRCA Letters Final Rezoning Bylaw Phase I ESA Phase II ESA Toronto Inspection Phase Report Property Tax Bill 06 Interim Property Tax Bill 07 Conceptual Site Plans OFFER SUBMISSIONS All offers are requested to be submitted to: Ian Hunt ian.hunt@cbre.com CBRE Limited 00 Sheppard Avenue East Suite 800 Toronto, ON MJ B $,00,000 OFFER SUBMISSION ATE: THURS, MARCH 0, 07 BY PM EST BROCK R HIHW 0 Ian Hunt* ian.hunt@cbre.com Kyle Hanna* Senior kyle.hanna@cbre.com Jason Child* jason.child@cbre.com Mike Czestochowski** Executive mike.czestochowski@cbre.com Lauren oughty* lauren.doughty@cbre.com *Sales Representative **Broker. This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation; to include all employees and independent contractors ( CBRE ). The information set out herein, including, without limitation, any projections, images, opinions, assumptions and estimates obtained from third parties (the Information ) has not been verified by CBRE, and CBRE does not represent, warrant or guarantee the accuracy, correctness and completeness of the Information. CBRE does not accept or assume any responsibility or liability, direct or consequential, for the Information or the recipient s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE. CBRE and the CBRE logo are the service marks of CBRE Limited and/or its affiliated or related companies in other countries. All other marks displayed on this document are the property of their respective owners. All Rights Reserved. Mapping Sources: oogle Earth /7 CBRE Limited 00 Sheppard Ave E, Suite 800 Toronto, Ontario, MJ B